Fees
- No management fee
- Duty stamp fee 0.05% of the approved amount
- Statement request fee (longer than three months) is 200 baht/issue.
Interest Rates
| Credit Limit (baht) | Standard Interest Rate (p.a.) |
| Not exceeding 30,000 | 23% |
| 30,001 - 100,000 | 21% |
| 100,001 - 200,000 | 20% |
| 200,001 - 300,000 | 18% |
| 300,001 - 1,000,000 | 16% |
The interest rate ceiling, including penalty, service and related fees for loan contracts, dated before August 1, 2020 is 28% p.a.
The interest rate ceiling, including penalty, service and related fees for loan contracts, dated from August 1, 2020 onwards is 25% p.a.
From April 1, 2021, a penalty rate of not more than 3% p.a. on the principal portion of the overdue installment, will be charged on top of the maximum interest rate specified in the loan contract and will not exceed the interest rate ceiling including penalty, service and related fees.
The grace period for the penalty is seven days from the payment due date.
Payment Methods
- Auto direct debit from Bangkok Bank deposit account.
- Additional cash or cheque payment over the counter at any Bangkok Bank branch.
Qualifications
-
Thai national aged between 20 and 59 years
-
A full-time employee with a Bangkok Bank payroll account
-
Minimum monthly income of 15,000 baht
-
At least one year working experience in current employment
Required Documents
- Thai Citizen ID card and housing registration.
- An original salary slip or salary certificate issued within the last two months. The document can be waived if you have salary transactions via Bangkok Bank for at least six consecutive months.
- Bank statement showing payroll transactions for the last six months.
- A copy of front page of the saving account to which the loan will be transferred and must belong to the applicant